Leslie's, inc. announces secondary offering of shares and concurrent stock repurchase

Phoenix, dec. 14, 2021 (globe newswire) -- leslie's, inc. (the “company” or “leslie's”) (nasdaq: lesl) today announced that certain of the company's non-management stockholders (the “selling stockholders”) intend to offer for sale in an underwritten secondary offering 12,500,000 shares of the company's common stock (the “offering”). the selling stockholders will also grant the underwriters a 30-day option to purchase up to an additional 1,875,000 shares of common stock. the selling stockholders will receive all of the proceeds from the offering. leslie's is not offering any shares of its common stock in the offering and will not receive any proceeds from the offering, including from any exercise by the underwriters of their option to purchase additional shares.
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